Sports analogies for business – how effectively do their impact and influence extend beyond the game ?

Undeniably there is a cross-relevance between many sports philosophies and business. Competition and Sports go hand in hand. Opposition, rivalry and contest make up the elements necessary to motivate both players and observers. The experiences of playing or watching sports evoke great passion and focus, behaviors which naturally pervade our lives and make the contests universally appealing. No wonder, sport stories succeed as shorthand references connecting experiences across a series of interpersonal activities including business.

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Posted in Business Strategy, Leadership, Management

Beyond Social Media, Creating Social Capital

Rich conversation and insights flowed on Friday morning when the Booth Strategy Discussion group happily pondered four key questions on the topic of Social Media, Not just for Marketing. This month, David Friedman of Bridgewell Partners offered to facilitate and

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Posted in Leadership, Management

For JC Penney and Ron Johnson experience counts, but which one will deliver growth?

When I noticed the battering Ron Johnson received for attempting to reposition and re-brandthe  stalwart American department store JC Penney, I recognized a great case for peer learning among strategy as well as design thinking innovation professionals.  Johnson seems to

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Posted in Business Strategy, innovation, Leadership, Management

Behavior Economics teams up with Big Data nudging Obama’s Re-election

No surprise that this past election, campaigns took advantage of big data AND they also took advantage of the growing awareness of persuasion techniques and incentives that fall under the umbrella of Behavioral Economics…both topics we discussed in the past

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Posted in Business Strategy, innovation, Management, performance measurement

Prof Zangwill offers QUICK THOUGHTS ON UNCERTAINTY IN DECISION MAKING

A guest post by:   Willard Zangwill, Ph.D., Professor, University of Chicago, Booth School of Business Rachel Kaberon, in preparation for the Strategy Management Practices Issues Group discussion of the Chicago Booth Alumni Club, asked me to put together a page

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Posted in Business Strategy

How can strategy help companies prepare or be more resilient in the face of inevitable disruptions?

The looming anniversary of 9/11, reminds us all that unthinkable actions and events do happen. This past Labor day, on the anniversary  of hurricane Katrina , a reminder arrived in the form of  Hurricane Isaac to test the city, residents

Posted in Business Strategy, innovation, Leadership, long range planning

Isn’t Business just another game we play?

In July, the strategy discussion explored what appears to be a growing trend, gamification. In fact, by the time I managed to write up the observations from the discussion there were a host of new articles and research posted. So

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Posted in Business Strategy, innovation, Leadership, Management, performance measurement
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